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Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $150,000, direct labor cost is $100,000, variable overhead cost
Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $150,000, direct labor cost is $100,000, variable overhead cost is $60,000, and fixed overhead cost is $80,000.
Cost Component | Amount ($) |
Direct Materials | $150,000 |
Direct Labor | $100,000 |
Variable Overhead | $60,000 |
Fixed Overhead | $80,000 |
Also, prepare a schedule showing the cost of goods manufactured.
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